SlideShare une entreprise Scribd logo
1  sur  12
Télécharger pour lire hors ligne
Tips and Tools to be effective
Foster Innovation
Anita Rao
June 2013
Y?
Never innovate to compete, innovate to change the rules of the
game. -David O.Adeife
Agenda
 Drivers of innovation
 Guiding Principles
 Customer jobs and KMOT (key moments of truth)
 InnovationValue Chain
 Reverse innovation
 Tool – Mind Mapping
 Getting innovation right
Drivers of innovation
• Integration of
technologies for new
capabilities
• Complementary
technology
partnerships
• Invention• New business models
• Competitive shift
• New customer jobs
Synthesis of
Technologies
Creation of New
Technologies
Business Dynamics
Change
Customer jobs analysis applies to each kind above
Source C.K.Prahalad & R.A. Mashelkar
Customer Jobs…a thoughtful approach
During this step Customers.. Companies can innovate
by…
Define Determine goals & plans Simplify planning
Locate Gather info needed to
execute job
Make is easier and ensure it
is available when needed
Prepare Set up environment Make set up easier, create
guides
Confirm Verify ready to perform job Give customer info to
confirm readiness
Execute Carry out job Prevent problems or delays
Monitor Asses if execution is
successful
Link monitoring with
improved execution
Modify Make alterations to improve
execution
Reduce the need to make
alterations
Conclude Finish and prepare to repeat
or next step
Design to simplify the
process of conclusion
Source Lance Bettencourt & Anthony Ulwick
Customer Jobs – contd.
KMOT
Improve
execution of a
specific KMOT
Increase
automation
Eliminate
need for an
input/output
Address an
over looked
step
Re-sequence
steps in a
process
Opportunities
to
look for
Source Lance Bettencourt & Anthony Ulwick
Value Chain
DiffusionConversionIdea Generation
In
House
Within
A Unit
Cross
Pollina
tion
Collab
oratio
n
across
units
Externa
l
Collab
oratio
n with
parties
outsid
e
# of
high
quality
ideas
# of
high
quality
ideas
# of
high
quality
ideas
Selection
Screening &
initial
funding
Developmen
t
Movement
from idea to
first result
% of all ideas
generated that
end up being
selected
% of funded
ideas that lead
to revenues,
efficiency
Spread
% of penetration in customer
groups, # of months to full
diffusion
Source Morten Hansen & Julian Birkinshaw
Reverse Innovation – shift the center of
gravity for global companies
T The innovation
must
achieve a significant
price reduction
The innovation must result in
a product or service of
world-class quality
The innovation must
be scalable: It must be
able to be produced,
marketed, and used in many locales
and circumstances.
The innovation must be
matured and transferred
Globally.
Reverse
Innovation
Build new offerings
from
the ground up
Personalize
objectives, targets,
metrics for local
markets
Build success, learn,
transfer to mature
markets
Shift
power
to location of
growth
Source Jeffrey Immelt, Vijay Govindarajan, Chris Trimble
Tool – Mind Mapping
 Promotes creative problem solving
 Visualize data
 See inter-relationships among data elements
 Come up with new innovative solutions
 Note: Some mind mapping software include
 Xmind
 Freemind
 Mindjet
Mind Mapping – contd.
Set the stage • Explain what, why, how
• Set ground rules
Create a first pass
map
• Start with a word or phrase that frames the problem
• Team then write related topics, concerns, causes, solutions, systems
• Place on the map and connect with each other
Step Back
• Synthesize the data; look for new insights, clusters of topics, label, draw
new lines to show inter-relationships
• Place potential actions in a parking lot for later
Redraw the map • Draw a new picture of the concern, illustrate the relationships
• Better sources of action should emerge
Plan Action
• Look at the map and ask – “what actions should be taken? On what
elements, clusters, relationships?”
• Clarify and document the action plan
Source Murray Hiebert & Bruce Klatt
Getting innovation right
 Develop a deep commitment to serving the under served
 Articulate and embrace a clear vision
 Set ambitious goals, foster entrepreneurship
 Accept constraints, creatively operate within them
 Focus on people not just shareholder value
Stay hungry, stay foolish -Whole Earth Catalog, via Steve Jobs
ThankYou
Twitter @anitaprao;
Blog:
http://anitapaulrao.wordpress.com/
Linkedin:
www.linkedin.com/in/anitarao
Slideshare
http://www.slideshare.net/raoanita

Contenu connexe

Tendances

Innovation A Core Business Concept
Innovation A Core Business ConceptInnovation A Core Business Concept
Innovation A Core Business ConceptArun Kottolli
 
Your Brain And Learning Needs Assessment Webinar
Your Brain And Learning Needs Assessment WebinarYour Brain And Learning Needs Assessment Webinar
Your Brain And Learning Needs Assessment WebinarAli Zeeshan
 
Brainmates - Roadmaps, Briefly Explained
Brainmates - Roadmaps, Briefly ExplainedBrainmates - Roadmaps, Briefly Explained
Brainmates - Roadmaps, Briefly ExplainedBrainmates Pty Limited
 
The Entrepreneur and Opportunity
The Entrepreneur and OpportunityThe Entrepreneur and Opportunity
The Entrepreneur and OpportunityRobin Paul
 
Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...
Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...
Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...Business of Software Conference
 
IDEO Creative Difference: Six Behaviors of Creative and Innovative Teams
IDEO Creative Difference: Six Behaviors of Creative and Innovative TeamsIDEO Creative Difference: Six Behaviors of Creative and Innovative Teams
IDEO Creative Difference: Six Behaviors of Creative and Innovative TeamsIDEOCreativeDifference
 
LTG Flysheet v3.0
LTG Flysheet v3.0LTG Flysheet v3.0
LTG Flysheet v3.0halbagley
 
Turn customer needs into business opportunities
Turn customer needs into business opportunitiesTurn customer needs into business opportunities
Turn customer needs into business opportunitiesDr. Marc Sniukas
 
Business development strategies
Business development strategiesBusiness development strategies
Business development strategiesHarshJoshi162
 
Start up & scale up
Start up & scale upStart up & scale up
Start up & scale upUpkar Singh
 
Making Advanced Analytics Work for You
Making Advanced Analytics Work for YouMaking Advanced Analytics Work for You
Making Advanced Analytics Work for Youpriyanshi tomar
 

Tendances (20)

Innovation A Core Business Concept
Innovation A Core Business ConceptInnovation A Core Business Concept
Innovation A Core Business Concept
 
Your Brain And Learning Needs Assessment Webinar
Your Brain And Learning Needs Assessment WebinarYour Brain And Learning Needs Assessment Webinar
Your Brain And Learning Needs Assessment Webinar
 
15 Lessons as a Product manager
15 Lessons as a Product manager15 Lessons as a Product manager
15 Lessons as a Product manager
 
Brainmates - Roadmaps, Briefly Explained
Brainmates - Roadmaps, Briefly ExplainedBrainmates - Roadmaps, Briefly Explained
Brainmates - Roadmaps, Briefly Explained
 
The Entrepreneur and Opportunity
The Entrepreneur and OpportunityThe Entrepreneur and Opportunity
The Entrepreneur and Opportunity
 
Chap17
Chap17Chap17
Chap17
 
Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...
Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...
Stephen Allott Business of Software Conference Europe 2015 Scaling Software C...
 
Chap13
Chap13Chap13
Chap13
 
Lean product development
Lean product developmentLean product development
Lean product development
 
IDEO Creative Difference: Six Behaviors of Creative and Innovative Teams
IDEO Creative Difference: Six Behaviors of Creative and Innovative TeamsIDEO Creative Difference: Six Behaviors of Creative and Innovative Teams
IDEO Creative Difference: Six Behaviors of Creative and Innovative Teams
 
Lean Value Tree Overview
Lean Value Tree OverviewLean Value Tree Overview
Lean Value Tree Overview
 
LTG Flysheet v3.0
LTG Flysheet v3.0LTG Flysheet v3.0
LTG Flysheet v3.0
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
Turn customer needs into business opportunities
Turn customer needs into business opportunitiesTurn customer needs into business opportunities
Turn customer needs into business opportunities
 
Business development strategies
Business development strategiesBusiness development strategies
Business development strategies
 
Start up & scale up
Start up & scale upStart up & scale up
Start up & scale up
 
Strategy horizons diagram
Strategy horizons diagramStrategy horizons diagram
Strategy horizons diagram
 
Session -10
Session  -10Session  -10
Session -10
 
Making Advanced Analytics Work for You
Making Advanced Analytics Work for YouMaking Advanced Analytics Work for You
Making Advanced Analytics Work for You
 
Chap1
Chap1Chap1
Chap1
 

En vedette

Crowdsourcing:Using mass collaboration to inject creativity and innovation at...
Crowdsourcing:Using mass collaboration to inject creativity and innovation at...Crowdsourcing:Using mass collaboration to inject creativity and innovation at...
Crowdsourcing:Using mass collaboration to inject creativity and innovation at...Monica Hamburg
 
Problem solving
Problem solvingProblem solving
Problem solvingsandrita87
 
iA on creativity, information and innovation
iA on creativity, information and innovationiA on creativity, information and innovation
iA on creativity, information and innovationreichenstein
 
Managing for Innovation
Managing for InnovationManaging for Innovation
Managing for Innovationguestce9b41d
 
Topic 5 Services Innovation Framework
Topic 5   Services Innovation FrameworkTopic 5   Services Innovation Framework
Topic 5 Services Innovation FrameworkZaheer Travadi
 
Service Innovation 2 - the reverse product cycle and more
Service Innovation 2 - the reverse product cycle and moreService Innovation 2 - the reverse product cycle and more
Service Innovation 2 - the reverse product cycle and moreIan Miles
 
Innovative design thinking
Innovative design thinkingInnovative design thinking
Innovative design thinkingmarionkumar
 
Models and Theories of Service Innovation - IME 2010 seminar 2
Models and Theories of Service Innovation - IME 2010 seminar 2Models and Theories of Service Innovation - IME 2010 seminar 2
Models and Theories of Service Innovation - IME 2010 seminar 2Ian Miles
 
Creativity and innovation ppt mba
Creativity and innovation ppt  mbaCreativity and innovation ppt  mba
Creativity and innovation ppt mbaBabasab Patil
 
Ceit - Lean and inovation
Ceit  - Lean and inovationCeit  - Lean and inovation
Ceit - Lean and inovationMilos Bugan
 
Ch12 - Organisation theory design and change gareth jones
Ch12 - Organisation theory design and change gareth jonesCh12 - Organisation theory design and change gareth jones
Ch12 - Organisation theory design and change gareth jonesAnkit Kesri
 
Ch13 - Organisation theory design and change gareth jones
Ch13 - Organisation theory design and change gareth jonesCh13 - Organisation theory design and change gareth jones
Ch13 - Organisation theory design and change gareth jonesAnkit Kesri
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship developmentbalajisetty
 

En vedette (16)

Crowdsourcing:Using mass collaboration to inject creativity and innovation at...
Crowdsourcing:Using mass collaboration to inject creativity and innovation at...Crowdsourcing:Using mass collaboration to inject creativity and innovation at...
Crowdsourcing:Using mass collaboration to inject creativity and innovation at...
 
Problem solving
Problem solvingProblem solving
Problem solving
 
iA on creativity, information and innovation
iA on creativity, information and innovationiA on creativity, information and innovation
iA on creativity, information and innovation
 
Managing for Innovation
Managing for InnovationManaging for Innovation
Managing for Innovation
 
Topic 5 Services Innovation Framework
Topic 5   Services Innovation FrameworkTopic 5   Services Innovation Framework
Topic 5 Services Innovation Framework
 
Service Innovation 2 - the reverse product cycle and more
Service Innovation 2 - the reverse product cycle and moreService Innovation 2 - the reverse product cycle and more
Service Innovation 2 - the reverse product cycle and more
 
Innovative design thinking
Innovative design thinkingInnovative design thinking
Innovative design thinking
 
Models and Theories of Service Innovation - IME 2010 seminar 2
Models and Theories of Service Innovation - IME 2010 seminar 2Models and Theories of Service Innovation - IME 2010 seminar 2
Models and Theories of Service Innovation - IME 2010 seminar 2
 
Creativity and innovation
Creativity and innovationCreativity and innovation
Creativity and innovation
 
Creativity and innovation ppt mba
Creativity and innovation ppt  mbaCreativity and innovation ppt  mba
Creativity and innovation ppt mba
 
Ceit - Lean and inovation
Ceit  - Lean and inovationCeit  - Lean and inovation
Ceit - Lean and inovation
 
Service Innovation
Service InnovationService Innovation
Service Innovation
 
Creativity & innovation
Creativity & innovationCreativity & innovation
Creativity & innovation
 
Ch12 - Organisation theory design and change gareth jones
Ch12 - Organisation theory design and change gareth jonesCh12 - Organisation theory design and change gareth jones
Ch12 - Organisation theory design and change gareth jones
 
Ch13 - Organisation theory design and change gareth jones
Ch13 - Organisation theory design and change gareth jonesCh13 - Organisation theory design and change gareth jones
Ch13 - Organisation theory design and change gareth jones
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship development
 

Similaire à Want to learn how to foster creativity and Innovation in your organization?

Giving Organisations new Capabilities to ask the Right Business Questions
Giving Organisations new Capabilities to ask the Right Business QuestionsGiving Organisations new Capabilities to ask the Right Business Questions
Giving Organisations new Capabilities to ask the Right Business QuestionsOReillyStrata
 
Machine intelligence data science methodology 060420
Machine intelligence data science methodology 060420Machine intelligence data science methodology 060420
Machine intelligence data science methodology 060420Jeremy Lehman
 
Giving Organisations new capabilities to ask the right business questions 1.7
Giving Organisations new capabilities to ask the right business questions 1.7Giving Organisations new capabilities to ask the right business questions 1.7
Giving Organisations new capabilities to ask the right business questions 1.7OReillyStrata
 
The anatomy of the perfect collaboration use case
The anatomy of the perfect collaboration use caseThe anatomy of the perfect collaboration use case
The anatomy of the perfect collaboration use caseLetsConnect
 
Datacom's mobility presentation at Trend Micro's Evolve Secure
Datacom's mobility presentation at Trend Micro's Evolve SecureDatacom's mobility presentation at Trend Micro's Evolve Secure
Datacom's mobility presentation at Trend Micro's Evolve SecureDatacom
 
Beyond the customer journey
Beyond the customer journeyBeyond the customer journey
Beyond the customer journeyLivework Studio
 
1340 keynote minkowski_using our laptop
1340 keynote minkowski_using our laptop1340 keynote minkowski_using our laptop
1340 keynote minkowski_using our laptopRising Media, Inc.
 
The Value Initiative
The Value InitiativeThe Value Initiative
The Value InitiativeMicleus
 
Digital Innovation Management
Digital Innovation ManagementDigital Innovation Management
Digital Innovation ManagementGeorge Fankhauser
 
SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...
SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...
SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...Susan Hanley
 
Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...
Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...
Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...Julia Grosman
 
bpmNEXt 2016 - Denis Gagne
bpmNEXt 2016 - Denis GagnebpmNEXt 2016 - Denis Gagne
bpmNEXt 2016 - Denis GagneDenis Gagné
 
How to Pick the Right Metrics with Josh Vincent of Transparent Partners
How to Pick the Right Metrics with Josh Vincent of Transparent PartnersHow to Pick the Right Metrics with Josh Vincent of Transparent Partners
How to Pick the Right Metrics with Josh Vincent of Transparent PartnersPromotable
 
How to Master Product Management Case Studies by fmr Groupon PM
How to Master Product Management Case Studies by fmr Groupon PMHow to Master Product Management Case Studies by fmr Groupon PM
How to Master Product Management Case Studies by fmr Groupon PMProduct School
 
Crafting a Startup Vision - Founder Institute
Crafting a Startup Vision - Founder InstituteCrafting a Startup Vision - Founder Institute
Crafting a Startup Vision - Founder InstituteAlex Gault
 
Digital matstermind playbook
Digital matstermind playbookDigital matstermind playbook
Digital matstermind playbookDaisy Huang
 

Similaire à Want to learn how to foster creativity and Innovation in your organization? (20)

Giving Organisations new Capabilities to ask the Right Business Questions
Giving Organisations new Capabilities to ask the Right Business QuestionsGiving Organisations new Capabilities to ask the Right Business Questions
Giving Organisations new Capabilities to ask the Right Business Questions
 
Machine intelligence data science methodology 060420
Machine intelligence data science methodology 060420Machine intelligence data science methodology 060420
Machine intelligence data science methodology 060420
 
Giving Organisations new capabilities to ask the right business questions 1.7
Giving Organisations new capabilities to ask the right business questions 1.7Giving Organisations new capabilities to ask the right business questions 1.7
Giving Organisations new capabilities to ask the right business questions 1.7
 
The anatomy of the perfect collaboration use case
The anatomy of the perfect collaboration use caseThe anatomy of the perfect collaboration use case
The anatomy of the perfect collaboration use case
 
Datacom's mobility presentation at Trend Micro's Evolve Secure
Datacom's mobility presentation at Trend Micro's Evolve SecureDatacom's mobility presentation at Trend Micro's Evolve Secure
Datacom's mobility presentation at Trend Micro's Evolve Secure
 
Beyond the customer journey
Beyond the customer journeyBeyond the customer journey
Beyond the customer journey
 
1340 keynote minkowski_using our laptop
1340 keynote minkowski_using our laptop1340 keynote minkowski_using our laptop
1340 keynote minkowski_using our laptop
 
The Value Initiative
The Value InitiativeThe Value Initiative
The Value Initiative
 
Product-Led In Practice
Product-Led In PracticeProduct-Led In Practice
Product-Led In Practice
 
Design Thinking
Design Thinking Design Thinking
Design Thinking
 
Digital Innovation Management
Digital Innovation ManagementDigital Innovation Management
Digital Innovation Management
 
SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...
SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...
SharePoint "Moneyball" - The Art and Science of Winning the SharePoint Metric...
 
Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...
Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...
Bob Selfridge - Identify, Collect, and Act Upon Customer Interactions; Rinse,...
 
New patterns of innovation
New patterns of innovationNew patterns of innovation
New patterns of innovation
 
bpmNEXt 2016 - Denis Gagne
bpmNEXt 2016 - Denis GagnebpmNEXt 2016 - Denis Gagne
bpmNEXt 2016 - Denis Gagne
 
How to Pick the Right Metrics with Josh Vincent of Transparent Partners
How to Pick the Right Metrics with Josh Vincent of Transparent PartnersHow to Pick the Right Metrics with Josh Vincent of Transparent Partners
How to Pick the Right Metrics with Josh Vincent of Transparent Partners
 
How to Master Product Management Case Studies by fmr Groupon PM
How to Master Product Management Case Studies by fmr Groupon PMHow to Master Product Management Case Studies by fmr Groupon PM
How to Master Product Management Case Studies by fmr Groupon PM
 
Crafting a Startup Vision - Founder Institute
Crafting a Startup Vision - Founder InstituteCrafting a Startup Vision - Founder Institute
Crafting a Startup Vision - Founder Institute
 
Digital matstermind playbook
Digital matstermind playbookDigital matstermind playbook
Digital matstermind playbook
 
Sww 2007 Lets Get Ready To Automate
Sww 2007   Lets Get Ready To AutomateSww 2007   Lets Get Ready To Automate
Sww 2007 Lets Get Ready To Automate
 

Plus de Anita Rao

Design thinking
Design thinkingDesign thinking
Design thinkingAnita Rao
 
Tips on Setting Annual Goals & Objectives
Tips on Setting Annual Goals & ObjectivesTips on Setting Annual Goals & Objectives
Tips on Setting Annual Goals & ObjectivesAnita Rao
 
Build a High Performing Team
Build a High Performing TeamBuild a High Performing Team
Build a High Performing TeamAnita Rao
 
Want to learn how to facilitate interactions for outcomes?
Want to learn how to facilitate interactions for outcomes?Want to learn how to facilitate interactions for outcomes?
Want to learn how to facilitate interactions for outcomes?Anita Rao
 
Want to learn how to make thoughtful decisions?
Want to learn how to make thoughtful decisions?Want to learn how to make thoughtful decisions?
Want to learn how to make thoughtful decisions?Anita Rao
 
Continuous Improvement using the Toyota Way
Continuous Improvement using the Toyota WayContinuous Improvement using the Toyota Way
Continuous Improvement using the Toyota WayAnita Rao
 

Plus de Anita Rao (7)

Design thinking
Design thinkingDesign thinking
Design thinking
 
KPI
KPIKPI
KPI
 
Tips on Setting Annual Goals & Objectives
Tips on Setting Annual Goals & ObjectivesTips on Setting Annual Goals & Objectives
Tips on Setting Annual Goals & Objectives
 
Build a High Performing Team
Build a High Performing TeamBuild a High Performing Team
Build a High Performing Team
 
Want to learn how to facilitate interactions for outcomes?
Want to learn how to facilitate interactions for outcomes?Want to learn how to facilitate interactions for outcomes?
Want to learn how to facilitate interactions for outcomes?
 
Want to learn how to make thoughtful decisions?
Want to learn how to make thoughtful decisions?Want to learn how to make thoughtful decisions?
Want to learn how to make thoughtful decisions?
 
Continuous Improvement using the Toyota Way
Continuous Improvement using the Toyota WayContinuous Improvement using the Toyota Way
Continuous Improvement using the Toyota Way
 

Dernier

RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 

Dernier (20)

Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
Nepali Escort Girl Kakori \ 9548273370 Indian Call Girls Service Lucknow ₹,9517
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 

Want to learn how to foster creativity and Innovation in your organization?

  • 1. Tips and Tools to be effective Foster Innovation Anita Rao June 2013
  • 2. Y? Never innovate to compete, innovate to change the rules of the game. -David O.Adeife
  • 3. Agenda  Drivers of innovation  Guiding Principles  Customer jobs and KMOT (key moments of truth)  InnovationValue Chain  Reverse innovation  Tool – Mind Mapping  Getting innovation right
  • 4. Drivers of innovation • Integration of technologies for new capabilities • Complementary technology partnerships • Invention• New business models • Competitive shift • New customer jobs Synthesis of Technologies Creation of New Technologies Business Dynamics Change Customer jobs analysis applies to each kind above Source C.K.Prahalad & R.A. Mashelkar
  • 5. Customer Jobs…a thoughtful approach During this step Customers.. Companies can innovate by… Define Determine goals & plans Simplify planning Locate Gather info needed to execute job Make is easier and ensure it is available when needed Prepare Set up environment Make set up easier, create guides Confirm Verify ready to perform job Give customer info to confirm readiness Execute Carry out job Prevent problems or delays Monitor Asses if execution is successful Link monitoring with improved execution Modify Make alterations to improve execution Reduce the need to make alterations Conclude Finish and prepare to repeat or next step Design to simplify the process of conclusion Source Lance Bettencourt & Anthony Ulwick
  • 6. Customer Jobs – contd. KMOT Improve execution of a specific KMOT Increase automation Eliminate need for an input/output Address an over looked step Re-sequence steps in a process Opportunities to look for Source Lance Bettencourt & Anthony Ulwick
  • 7. Value Chain DiffusionConversionIdea Generation In House Within A Unit Cross Pollina tion Collab oratio n across units Externa l Collab oratio n with parties outsid e # of high quality ideas # of high quality ideas # of high quality ideas Selection Screening & initial funding Developmen t Movement from idea to first result % of all ideas generated that end up being selected % of funded ideas that lead to revenues, efficiency Spread % of penetration in customer groups, # of months to full diffusion Source Morten Hansen & Julian Birkinshaw
  • 8. Reverse Innovation – shift the center of gravity for global companies T The innovation must achieve a significant price reduction The innovation must result in a product or service of world-class quality The innovation must be scalable: It must be able to be produced, marketed, and used in many locales and circumstances. The innovation must be matured and transferred Globally. Reverse Innovation Build new offerings from the ground up Personalize objectives, targets, metrics for local markets Build success, learn, transfer to mature markets Shift power to location of growth Source Jeffrey Immelt, Vijay Govindarajan, Chris Trimble
  • 9. Tool – Mind Mapping  Promotes creative problem solving  Visualize data  See inter-relationships among data elements  Come up with new innovative solutions  Note: Some mind mapping software include  Xmind  Freemind  Mindjet
  • 10. Mind Mapping – contd. Set the stage • Explain what, why, how • Set ground rules Create a first pass map • Start with a word or phrase that frames the problem • Team then write related topics, concerns, causes, solutions, systems • Place on the map and connect with each other Step Back • Synthesize the data; look for new insights, clusters of topics, label, draw new lines to show inter-relationships • Place potential actions in a parking lot for later Redraw the map • Draw a new picture of the concern, illustrate the relationships • Better sources of action should emerge Plan Action • Look at the map and ask – “what actions should be taken? On what elements, clusters, relationships?” • Clarify and document the action plan Source Murray Hiebert & Bruce Klatt
  • 11. Getting innovation right  Develop a deep commitment to serving the under served  Articulate and embrace a clear vision  Set ambitious goals, foster entrepreneurship  Accept constraints, creatively operate within them  Focus on people not just shareholder value Stay hungry, stay foolish -Whole Earth Catalog, via Steve Jobs